What is the difference between financial risk and business risk.

A) Financial risk is the risk of loss due to changes in the market, while business risk is the risk of loss due to a company’s operations
B) Financial risk is the risk of loss due to a company’s operations, while business risk is the risk of loss due to changes in the market
C) Financial risk is the risk of loss due to regulatory changes, while business risk is the risk of loss due to competition
D) Financial risk is the risk of loss due to competition, while business risk is the risk of loss due to regulatory changes
Answer: A) Financial risk is the risk of loss due to changes in the market, while business risk is the risk of loss due to a company’s operations